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FALCON FOUNDATION

EIN 75-6016930 USAF ACADEMY, CO

Revenue 2024
$1,561,375
Expenses 2024
$1,014,051

Program services were 90.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B82
Classification
1200
Street
3116 ACADEMY DR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Steve Lorenz

    President & CEO

    Total calculated
    $127,173
    From this org
    $127,173
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • Sharon Cooper

    Director of Op and Comptroller

    Total calculated
    $124,279
    From this org
    $110,095
    From related orgs
    $0
    Other
    $14,184
    Hours/week
    40

  • William Begert

    Chairman (To 10/2024)

    Total calculated
    $0
    Hours/week
    1

  • Robin Rand

    Vice Chairman

    Total calculated
    $0
    Hours/week
    1

  • Jason Herman

    Finance Committee Chair

    Total calculated
    $0
    Hours/week
    1

  • Leon Johnson

    Nominating Committee Chair

    Total calculated
    $0
    Hours/week
    1

  • John Dallager

    Compensation Committee Chair

    Total calculated
    $0
    Hours/week
    1

  • Carolyn Benyshek

    Scholarship Committee Chair

    Total calculated
    $0
    Hours/week
    1

  • Kate MacIntosh TO 052025

    At Large Governing Trustee

    Total calculated
    $0
    Hours/week
    1

  • Nicholas Wilson

    Audit Committee Chair

    Total calculated
    $0
    Hours/week
    1

  • William Looney TrusteeTo 10

    2024)Chairman (From 10/2024)

    Total calculated
    $0
    Hours/week
    1

  • Carrol Chandler

    Gov & Strat Committee Chair

    Total calculated
    $0
    Hours/week
    1

  • Eric Holt

    Investment Committee Chair

    Total calculated
    $0
    Hours/week
    1

  • Michael Moeller

    At Large Governing Trustee

    Total calculated
    $0
    Hours/week
    1

  • Janet Wolfenbarger

    At Large Governing Trustee

    Total calculated
    $0
    Hours/week
    1

  • Sue Ross From 102024

    At Large Governing Trustee

    Total calculated
    $0
    Hours/week
    1

  • Matthew Byrd

    Vice President

    Total calculated
    $0
    Hours/week
    1

  • Dale Meyerrose

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Rita Jordan

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Jarisse Sanborn

    VP and General Counsel

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $1,561,375
    Expenses
    $1,014,051
    Contributions
    $421,391
    Grants paid
    $631,255
  • 2023
    Revenue
    $1,678,308
    Expenses
    $958,343
    Contributions
    $422,856
    Grants paid
    $610,724
  • 2022
    Revenue
    $1,362,520
    Expenses
    $979,290
    Contributions
    $710,547
    Grants paid
    $642,230

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.